Enhabit appoints McGuigan and Schochet to board under cooperation agreement with activist investors

Enhabit, Inc.

Board expanded to 13 directors; Stuart McGuigan and Barry Schochet appointed immediately.
At least four of five legacy Encompass Health directors to step down by 2024 annual meeting.
Cruiser and Harbour Point (owning ~4.7% of shares) entered cooperation agreement with standstill and voting provisions.
Cruiser withdrew its director nomination for 2023 annual meeting.
McGuigan brings CIO experience from State Dept and J&J; Schochet brings healthcare executive background from Tenet.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Barry Schochet

Director

EHAB · Enhabit, Inc.

Effective: 2023-03-30
Filed: March 30, 2023, 7:59 PM ET

On March 30, 2023, the Board appointed the New Directors as members of the Board.

Appointed

Stuart McGuigan

Director

EHAB · Enhabit, Inc.

Effective: 2023-03-30
Filed: March 30, 2023, 7:59 PM ET

On March 30, 2023, the Board appointed the New Directors as members of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Barry Schochet was appointed as Director at Enhabit, Inc..

Action: appointed
Role: Director

Exact text from the filing

On March 30, 2023, the Board appointed the New Directors as members of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Stuart McGuigan was appointed as Director at Enhabit, Inc..

Action: appointed
Role: Director

Exact text from the filing

On March 30, 2023, the Board appointed the New Directors as members of the Board.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Enhabit, Inc. entered into Cooperation Agreement with Cruiser Capital Master Fund LP, Cruiser Capital Advisors, LLC, Harbour Point Capital Management LP (effective 2023-03-30).

Action: entry
Counterparty: Cruiser Capital Master Fund LP, Cruiser Capital Advisors, LLC, Harbour Point Capital Management LP
Effective: 2023-03-30

Exact text from the filing

On March 30, 2023, Enhabit, Inc. (the “ Company ”) entered into a Cooperation Agreement (the “ Cooperation Agreement ”) with Cruiser Capital Master Fund LP and Cruiser Capital Advisors, LLC (collectively with their affiliates, “ Cruiser ”), and Harbour Point Capital Management LP (collectively with its affiliates, “ Harbour Point ,” and collectively with Cruiser, the “ Investor Group ,” and each of Cruiser and Harbour Point, individually, an “ Investor ”).

View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

Enhabit, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-085654

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.